Carlile, Wyoming Property Taxes
The median property tax rate in Carlile, WY is 0.52%, significantly lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Carlile at $162,746, the typical annual property tax bill is $840, well below the national median of $2,690. Property taxes in Carlile are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Carlile's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Carlile or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carlile, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$846
Ownwell’s Carlile Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlile with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlile to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Carlile, Wyoming
Property taxes in Carlile, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlile is 0.52%, notably lower than both the Wyoming state median and the U.S. national median of 0.99%. Local government entities within Carlile set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlile estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Carlile's effective property tax rate to other counties in Wyoming and the national median. For comparison, the zip code 82721 has both the highest and lowest median property tax rate of 0.52%. Understanding how these cities compare with Carlile provides valuable insights into the varying tax landscape across Crook County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlile Tax Rate
0.52%
Average Crook County Tax Rate
0.54%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlile, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82721 | 0.48% | 0.50% | 0.52% | 0.53% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Carlile, Wyoming
In Carlile, Wyoming, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Crook County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Carlile, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Carlile helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 82721, valued at $840.
Average Carlile Assessed Value
$162,746
Average Crook County Assessed Value
$198,902
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlile, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82721 | $1,036 | $12,054 | $162,746 | $426,241 | $647,698 |
Source: Ownwell
Property Tax Bills Across Carlile, Wyoming
In Carlile, Crook County, WY, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The median home price in Carlile is $162,746. The county uses a specific assessment ratio to determine the assessed value, which is then multiplied by the local tax rate to calculate the property tax bill. The national median property tax rate is 0.99%, but local rates can vary. For homeowners, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $62, while the 75th percentile tax bill is $2,030, and the 90th percentile tax bill reaches $3,361. These variations highlight how different property values and local assessment practices can impact the amount homeowners owe. In Crook County, the highest and lowest median tax bills are both $840, reflecting a relatively consistent tax burden across different areas within the county. Understanding these factors helps homeowners anticipate and plan for their annual property tax expenses.
Average Carlile Tax Bill
$840
Average Crook County Tax Bill
$1,086
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlile, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82721 | $5 | $62 | $840 | $2,030 | $3,361 |
Source: Ownwell